Gold’s upside potential appears limited for now, Commerzbank Research analysts say. Prices are ticking higher supported by a weaker U.S. dollar and growing expectations that
Sterling on Thursday rose to its highest against the dollar since early September after data showed British companies returned to growth in November, fuelling hopes
The euro strengthened above $1.09, heading towards its most robust position since late August, following data indicating a potential easing of the downturn in the
The Australian dollar eased to around $0.655, retreating slightly from over three-month highs as minutes of the US Federal Reserve’s last meeting revealed that monetary
The U.S. interest-rate advantage versus the eurozone’s could narrow, weighing on the dollar and lifting the euro, if the Federal Reserve looks likely to begin
Gold prices held steady on Monday, as the dollar extended its slide on expectations that the Federal Reserve was done raising interest rates, while investors
The dollar posted its second-steepest weekly decline versus other major currencies this year on Friday, while the yen strengthened sharply, and the dollar traded below
The Australian dollar has slipped back below the 0.6500 psychological handle once more. Yesterday, we saw Australian employment change data beat estimates despite unemployment ticking 0.1% higher. Overall, the Australian labor market
The dollar meandered on Thursday after U.S. jobless claims rose more than expected last week, indicating a cooling labor market that could prompt the Federal
Gold prices rose on Thursday, helped by expectations that the Federal Reserve’s policy tightening cycle has come to an end, although a higher U.S. dollar
The Australian dollar weakened below $0.65 amid a rebound in the greenback as investors reassessed the outlook for US Federal Reserve monetary policy, although easing
Bitcoin and other cryptocurrencies fell Wednesday, underperforming other risk-sensitive assets and giving up some gains from a big rally over the past month. The very
Gold prices extended gains on Wednesday, supported by a weaker U.S. dollar and bond yields after data showing slowing U.S. inflation bolstered the view that
Data showed U.K. annual CPI inflation dropped sharply to 4.6% in October, below economists’ forecasts and cementing the view that interest rates have likely peaked.